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16 billion
- Since March 2020, according to the Philippine Motion Pictures Producers Association (PMPPA), the film industry has lost ₱16 billion.
www.read.thebenildean.org/2021/10/for-the-love-of-philippine-cinema-a-look-at-the-industry-amidst-the-pandemicFor the love of Philippine cinema: A look at the industry ...
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Dec 24, 2020 · Distribution was also a huge question. In 2020, Philippine movies began streaming almost exclusively online. Pivoting to streaming and pay-per-views
Dec 23, 2020 · The local film industry suffered at least P10 billion worth of box-office revenue losses due to the novel coronavirus disease (Covid-19).
Jun 29, 2021 · In a presentation at the virtual Creative Futures 2021, Paolo Mercado, president of the Creative Economy Council of the Philippines, said the film (cinema based): performing arts, concerts and live events; heritage sites and museums, folk arts and crafts, suffered the most with 85-90 percent revenue loss during the pandemic year versus 2019.
Nov 11, 2021 · The number of films released in the Philippines in 2020, the year when the pandemic emerged and lockdowns shut out moviegoers from cinemas, was a sharp drop from the productive years that went...
Data from S&P Global Market Intelligence and OPUSData shows that box office revenue declined in Asia for the first quarter of 2020, amid the global COVID-19 pandemic.
May 12, 2021 · The film industry has already lost PHP16 billion since March 2020, according to the PMPPA, while the Metro Manila Film Festival — which usually garners around PHP1 billion every year — barely earned PHP25 million in 2020.
